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Total Est. Monthly Carrying Cost:
$7,692 ($8.55/ft2)
Note: the above is based on a down payment of 50% ($497,500),
which is the minimum amount permitted by the building.
Description
NEW TO MARKET RENOVATED INVESTMENT OPPORTUNITY
Come see this amazing investment opportunity. Unit 303 is a spacious (900 sq feet) and impeccably renovated one-bedroom in the Lombardy Hotel and Apartments. This front-facing, quiet pre-war apartment is renovated to the highest standards.
It boasts 9-foot beamed ceilings and a gracious layout.
This home blends the best of both worlds: a hotel apartment that makes for the perfect pieds-a-terre when you are in town and a great investment that can be rented by the hotel on a nightly, weekly, or monthly basis.
Built in 1926 by William Randolph Hearst, the Lombardy Hotel has been home to many dignitaries and celebrities. It offers unparalleled elegance and discretion in a boutique setting.
Services at the Lombardy Hotel (included in the maintenance) are twice-daily maid service, concierge, bellman, a fitness center, dry cleaning services, a business center, an espresso bar, and valet parking.
The location is on 56th Street between Park and Lexington Avenues – only four blocks from Central Park and close to NYC’s best shopping, restaurants, museums, and cultural attractions. International, corporate, trust and pieds-a-terre purchases are welcome. 50% financing is permitted.
Electric and gas are included in the maintenance.
Great investment opportunity. Newly renovated and in high demand.
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